India to push trade investment in Cambodia

Deputy Prime Minister Bin Chhin on Tuesday afternoon met with the newly appointed Indian ambassador and both sides vowed to further bilateral cooperation, trade and investment between the two nations.

Ambassador Monika Jain said relations between Cambodia and India have been growing and include business, trade, education and agriculture, according to Ek Tha, the deputy director of the press department.

The ambassador also recalled the successful visit to India of Prime Minister Hun Sen, with the leaders of the two countries promising further cooperation on information technology and the education sector.

She said India also loaned Cambodia $36.92 million for an irrigation project. Despite the two nations have centuries of relations, the volume of trade and investment remains low, so both countries are committed to expanding it, she said.

“The trade and investment has yet reached the potential and we request the Cambodia Chamber of Commerce to look into trade with India,” Ek Tha quoted Ms Jain as saying.

In response, Mr Bin Chhin thanked India for helping restore and renovate temples in Siem Reap. Cambodia also requested more Indian investment. He said India was good at IT, education and agriculture.

Ms Jain said Indian investors were interested in Cambodia, but they didn’t have much information about Cambodian so the embassy arrange for some booklets so they can learn.

The 6th Annual Tiger Street Football Festival 2018 continues this Sunday in Poipet city in what promises to be another dazzling display of intense futsal action and a fun superstar after-games party with performers and DJs.